Mr. Gavin Johnson reports

MENE INC. ANNOUNCES FULL REPAYMENT OF GOLDMONEY INC. PRECIOUS METALS LOAN

Mene Inc. has fully repaid the precious metal loan facility owed to Goldmoney Inc. At the end of fiscal Q3 2023, the amount outstanding under this facility was $9.7-million. The company currently has no indebtedness other than trade payables incurred in the ordinary course of business.

Statement from Vincent Gladu, chief executive officer of Mene:

"We are pleased to announce that Mene has fully repaid its precious metal loan facility to Goldmoney Inc. This milestone will help position the company in successfully achieving the transformation it is currently undertaking towards a more modern and scalable operating model.

"We would like to thank Goldmoney for providing Mene with this loan at the very early stages of its inception and for its unwavering support since Mene's founding."

About Mene Inc.

Mene crafts pure 24 karat gold and platinum jewellery that is transparently sold by gram weight.

We seek Safe Harbor.